Europe-wide competition for talented labor force
The emigration of the talented labor force causes serious tensions in the domestic labor market and the Hungarian companies have to battle with their European competitors to retain workers. The labor shortage is a serious problem especially in the central and western part of the country.
While most Hungarian workers still afraid of unemployment, the labor shortage is a growing problem in Hungary as well. Baja Sándor, managing director of Randstad Hungary told that several factors contribute to this, such as the growing economy, increasing demand and declining population, which is the result of natural decline and the overturning of the accelerating migration balance.
Related news
GKI Analysis: Artificial Intelligence in the Workplace: Who Uses AI?
Artificial Intelligence in the Workplace: Who Uses AI? In July,…
Read more >The domestic labor market remains stable
The domestic labor market remains stable, with the number of…
Read more >Companies are recruiting more cautiously now than they planned at the beginning of the year
The average number of applicants remains particularly high in the…
Read more >Related news
EU Sees 2% Growth In Ice Cream Production In 2024: Eurostat
Ice cream production in the EU increased by 2% year-on-year…
Read more >Oatly Is Launching A Ready-To-Drink Matcha Latte Oat Milk This Summer
Oatly is the latest plant-based milk brand to launch a…
Read more >The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >